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Meat Demand in South Korea: An Application of the Restricted Source-Differentiated Almost Ideal Demand System Model AgEcon
Henneberry, Shida Rastegari; Hwang, Seonghuyk.
The first difference version of the restricted source-differentiated almost ideal demand system is used to estimate South Korean meat demand. The results of this study indicate that the United States has the most to gain from an increase in the size of the South Korean imported meat market in terms of its beef exports, while South Korea has the most to gain from this expansion in the pork market. Moreover, the results indicate that the United States has a competitive advantage to Australia in the South Korean beef market. Results of this study have implications for U.S. meat exports in this ever-changing policy environment.
Tipo: Journal Article Palavras-chave: AIDS; Source differentiation; South Korean meat demand; U.S. competitiveness; Demand and Price Analysis; D12; Q17.
Ano: 2007 URL: http://purl.umn.edu/6633
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Allowing for Group Effects When Estimating Import Demand for Source and Product Differentiated Goods AgEcon
Muhammad, Andrew.
In this study an import demand model (differential production model) is presented that is used in estimating the demand for source and product differentiated goods simultaneously. Unlike the traditional import demand models, this model can account for changes in relative group expenditures. Expenditure estimates differed when comparing the differential production model and Rotterdam model results. Results showed that if group revenue shares are relatively fixed, then the bias in expenditure estimates due to omitting group effects will be small when using traditional demand models such as the AIDS or Rotterdam models. As relative group shares significantly change and diverge the bias increases, particularly for imports representing a larger share of group...
Tipo: Conference Paper or Presentation Palavras-chave: Import demand; AIDS model; Rotterdam model; Product differentiation; Source differentiation; Demand and Price Analysis; International Relations/Trade; F17; Q17; Q11..
Ano: 2008 URL: http://purl.umn.edu/6364
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NAFTA Impacts on the U.S. Competitiveness and Trade: Beef, Pork, and Poultry AgEcon
Henneberry, Shida Rastegari; Mutondo, Joao E..
The restricted source differentiated almost ideal demand system (RSDAIDS) is used to estimate source differentiated meat demand for U.S. NAFTA partners. In the Canadian meat market, the estimated price and expenditure elasticities indicate that Canadian beef has a competitive advantage compared to U.S. beef, while U.S. pork has a competitive advantage compared to Canadian pork. In the Mexican meat market, the estimated expenditure elasticities indicate that an increase in Mexican meat expenditures would lead to an increase in the demand for meats from all sources. Seasonality and Canadian and U.S. BSE outbreaks had small impacts on Canadian and Mexican meat demand.
Tipo: Conference Paper or Presentation Palavras-chave: AIDS; BSE impacts; Competitive advantage; Canadian meat demand; Mexican meat demand; Source differentiation; International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/9793
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Source Differentiated Mexican Dairy Import Demand AgEcon
Ramirez, Miguel A.; Wolf, Christopher A..
Mexico is a major destination of dairy exports and is the single largest importer of US dairy exports. We use a restricted source almost ideal demand system to estimate the demand for dairy products imported into Mexico. The estimation facilitates an examination of the demand for dairy imports and the results have implications for exporting firms and countries. Our estimates indicate fierce competition for the Mexican market between the US, Oceania, and “other countries” primarily from South America.
Tipo: Journal Article Palavras-chave: Dairy trade; Import demand; Almost ideal demand system; Source differentiation; Demand and Price Analysis; International Relations/Trade; Q10; Q11; Q17.
Ano: 2008 URL: http://purl.umn.edu/53627
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